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Thai Optical Group PCL (BKK:TOG) Accounts Receivable : ฿483 Mil (As of Mar. 2025)


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What is Thai Optical Group PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thai Optical Group PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿483 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thai Optical Group PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 49.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thai Optical Group PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-1.52.


Thai Optical Group PCL Accounts Receivable Historical Data

The historical data trend for Thai Optical Group PCL's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thai Optical Group PCL Accounts Receivable Chart

Thai Optical Group PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 371.07 416.20 469.74 501.59 362.95

Thai Optical Group PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 487.73 479.72 418.33 362.95 482.61

Thai Optical Group PCL Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Thai Optical Group PCL Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Thai Optical Group PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=482.606/898.727*91
=49.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Thai Optical Group PCL's accounts receivable are only considered to be worth 75% of book value:

Thai Optical Group PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(269.986+0.75 * 482.606+0.5 * 1576.178-2141.766
-0-0)/474.318
=-1.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Thai Optical Group PCL Accounts Receivable Related Terms

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Thai Optical Group PCL Business Description

Traded in Other Exchanges
Address
6 Bangbuathong-Suphanburi Road, 15/5 Moo, Laharn Sub-district, Bangbuathong, Nonthaburi, THA, 11110
Thai Optical Group PCL is engaged in the manufacturing and distribution of plastic lenses and related products. The company's products include Organic lenses, Mineral lenses, and Prescription Lenses. It has two reporting segments: Plastic and glass lens, which produce and sell optical lenses; Other products and services which are the sale of the glass mold, trading goods purchased for resale, glasses assembly services, and surface treatments. The majority of the revenue is generated from the plastic and glass lens segment. The company also operates in Europe, Australia, Asia and Pacific, America, Africa and Middle East. Majority of revenue is from America.

Thai Optical Group PCL Headlines

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